I can provide you with some pros and cons of home ownership in the city of Libertyville, Illinois.

Pros of home ownership in Libertyville, IL:
- Appreciation: Real estate prices in Libertyville have been steadily increasing over the years, so owning a home in this area can be a good long-term investment.
- Community: Libertyville has a small-town feel with a strong sense of community. Homeownership allows you to get involved in and contribute to community events and activities.
- Schools: Libertyville has some of the best schools in the state of Illinois, which can make it an attractive place to raise a family.
- Quality of life: Libertyville is consistently ranked as one of the best places to live in the country due to its high quality of life, low crime rate, and strong local economy.

Cons of home ownership in Libertyville, IL:
- Cost of living: Libertyville is a relatively affluent area, so the cost of living can be higher than in other parts of Illinois.
- Property taxes: The property tax rate in Lake County (where Libertyville is located) is one of the highest in the state, which can add significant ongoing costs to homeownership.
- Limited housing options: Due to the smaller size of the community, there may be limited options when it comes to types of housing available for purchase.
- Commute times: Libertyville is located about 35 miles north of Chicago, so commuting to the city for work or other activities can be time-consuming.

Overall, it's important to carefully weigh the pros and cons before deciding whether to purchase a home in Libertyville or any other area.